Does #APT start a new upward wave
The last candle closed on the 4-hour timeframe with a Bullish Engulfing candle at a level of 4.84 USDT after a strong rebound from the 4.04 USDT area, which gives a positive signal for the return of buyers to the market
Technical Analysis
Entry area between 4.75 – 4.85 USDT
Targets
First target 5.05 USDT
Second target 5.36 USDT
Third target 5.66 USDT
Stop loss below 4.60 USDT
Technical Indicators
RSI indicator at 59 ➝ Moderate upward momentum
MACD indicator gave a bullish crossover signal ➝ Additional support for the positive trend
The price is moving above the 5 and 10-day averages ➝ A signal for the continuation of buying strength
In your opinion, can APT surpass the 5.05 level this time or will it return to test 4.60 again?